British expats still have some crucial misunderstandings about their domicile status and tax position that could leave them and their loved ones financially exposed and even land them in trouble with HM Revenue & Customs, warns Rachael Griffin, financial planning expert at Old Mutual Wealth.
Canada Life has launched what it describes as a “unique” estate planning product to protect overseas investors and owners of large estates against inheritance tax liabilities.
The pending release of a number of major HMRC consultations has the attention of UK tax experts.
A tribunal has ruled that a pilot who moved to South Africa from the UK was still UK tax-resident.
Rachael Griffin highlights various court cases which have muddied the domicile water.
